Nord Shares (600110) has released two major investment announcements in succession, both landing in Huangshi, Hubei Province, and proposing to invest in composite fluid and energy storage fields.
Hubei Nord Lithium Electric Material Co., Ltd. (hereinafter referred to as "Hubei Nord Lithium Electric"), a holding subsidiary of Nord Shares, is planning to sign the "Project Investment Contract" with the Management Committee of Huangshi Economic and Technological Development Zone and the People's Government of Tieshan District, Huangshi City, Hubei Province (hereinafter referred to as "Huangshi Economic and Technological Development Zone"). The total investment of the project is 2.5 billion yuan, of which the fixed asset investment is 2 billion yuan. After the completion and production of the project, it is expected to produce 420 million square meters of composite aluminum foil and composite copper foil per year, with an annual output value of about 4 billion yuan. The production equipment line is flexible equipment, which can be compatible with the production of composite aluminum foil and composite copper foil.

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